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Bond managers expect unconstrained funds to find favour in 2017

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Mr Gross says markets will fluctuate less than many anticipate. He is positioning his fund to profit from that view.

New York

FOR the world's biggest bond managers, 2017 might just be the year that unconstrained funds finally live up to the hype.

Although the bond funds - long marketed for their potential to shine in any environment - have failed to deliver consistently over the years, bond

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